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Since October 2008, Thesis Servicing has been responsible for administering a portfolio of student loans oversubscribed by the UK Government in 1998 – as partially of the ordinal student loan debt sale to the private sector – and now closely-held by Finance For Higher Education (FFHE) Limited.
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What's the new interest rate for thesis servicing?
The Department for Education (DfE) have confirmed that the new interest rate to be applied to all loans currently being serviced by Thesis Servicing for the period 1st September 2019 until 31st August 2020 will be 2.4%. The new interest rate is always linked to the Retail Price Index (RPI) value from the previous March.
Why is thesis servicing part of Link Financial Group?
The business is part of the Link Financial Group and was created in response to the ever growing demand for public and private sector higher education funding. We operate a purpose built customer service centre and system which means we are able to manage the full life cycle of a student loan from origination to settlement.
Where is thesis servicing registered in the UK?
Thesis Servicing is a trading style of Link Financial Outsourcing Limited, a company registered in England with registered number 7059696 and having its registered office at Camelford House, 89 Albert Embankment, London, SE1 7TP, which is the administrator of these loans and which is authorised and regulated by...
What is new income threshold for thesis servicing?
The DfE have also confirmed the new deferment threshold for mortgage style loans for 1st September 2019 until 31st August 2020. The new threshold is a gross annual income of £32,347 (equivalent to £2,695.58 per month). The threshold is calculated annually by DfE and is set at 85% of average national earnings.
Last Update: Oct 2021
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